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Showing 51 - 60 of 64 results for "Delivering Better Financial Outcomes"

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
The government committee tracking the implementation of the Delivering Better Financial Outcomes (DBFO) reforms emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Draft regulation of the first tranche of the Delivering Better Financial Outcomes reform package is now up for consultation. Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 has five sections that aim to make access to ...

Advisers should leverage US tech blueprint: SIAA panel

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... but at the same time, look after clients who may not be able to pay for it, he said. The Delivering Better Financial Outcomes package of reforms proposes creating a new class of financial advisers called "Qualified Advisers" who will not be financially ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... Investment Advisers Association (SIAA) Conference will hear. Amid the first set of changes the Delivering Better Financial Outcomes reforms will deliver, it is critical that financial advisers adapt, innovate, and thrive - which underpins the theme for ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... of reducing red tape and can make advice even more unaffordable. Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024, which was introduced in parliament on March 27, proposes to legislate trustees' ability ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... (OFA) and overhauling financial services guides (FSG) are set out in Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024. The first set of reforms will streamline ongoing fee renewal and consent requirements, including ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... to bolster the availability and affordability of "simple personal advice" as part of the Delivering Better Financial Outcomes package of reforms, which includes creating a new class of financial advisers called "Qualified Advisers" (QAs) who will not ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... banks, super funds, and insurers. On the point that accountants appear to be missing from the Delivering Better Financial Outcomes proposed changes, Heffron Consulting managing director Meg Heffron is hopeful that there will be a place for accountants ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... submission to the Retirement Phase of Superannuation consultation, the institute wrote that the Delivering Better Financial Outcomes package of reforms could prove invaluable to retirees and pre-retirees as they navigate a labyrinthine system. One of ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... handed down its first phase of financial advice accessibility reforms on December 7. The Delivering Better Financial Outcomes report sets out a number of changes that include offering better scaled or limited scope advice, and introducing a new class ...